Falcone Ln Charlestown, RI 02813
This exceptional 8.07-acre commercial parcel presents a rare opportunity for development in Charlestown, Rhode Island. Strategically located on Route 1 and Falcone Lane, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any business. Situated within Charlestown's vibrant Business District, the land is zoned for a variety of commercial uses, offering considerable flexibility for potential buyers. The Traditional Village District zoning allows for a wide range of development possibilities, making this an ideal location for businesses seeking a prominent presence in a thriving community. The expansive acreage provides ample space for large-scale projects or the potential for subdivision into smaller lots. This property's prime location and zoning flexibility make it an attractive investment for developers, entrepreneurs, and businesses seeking to establish or expand their operations. The seller is open to exploring potential financing options, making this an even more compelling opportunity. Don't miss this chance to acquire a highly visible and versatile commercial property in a desirable Rhode Island location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.